Tag: CAD
FX Update: Oil-correlating currencies pressured
Oil currencies have come under pressure concomitantly with crude prices hitting 21-year lows, while most Dollar pairings and associated crosses have been trading in...
All eyes on Commodity Currencies
Asian stock markets are lower, while European and US equity index futures are showing losses of around 3%. Data out of Asia today were...
Oil shocks!
It looks like a black Monday as the collapse in oil prices triggered sharp reactions across forex, bond and stock markets. The breakdown in...
Strong Loonie on data, ignoring BoC easing bias
The Canadian Dollar and other dollar bloc currencies are outperforming amid the return of risk appetite in markets. Oil prices rallied by nearly 1%,...
Receding concerns about COVID-19 boosted Oil and CAD prices
A risk-on backdrop, amid receding concerns about the coronavirus outbreak, has boosted the Dollar bloc currencies and Oil prices, which is a particular boon...
Euro & Europe Briefing
In the Eurozone, confidence data over the past week showed some signs of stabilisation, the latest being today's November ESI survey, in the manufacturing...
